Funding Sources

This is a selection of more popular funding options not an exhaustive list for all sectors. A wider list is available at www.mygov.scot/funding-opportunities/. Valuable free advice, mentoring and training rather than direct funding is also available (e.g. from Business Gateway and Scottish Enterprise. All information is correct from programme websites at time of publication (July 2017). No responsibility is accepted for errors in external funding information sources.

Business Loans Scotland

STATUS: ongoing | CLOSING:

Offers gap loan funding of up to £100k to SMEs within the area of participating Scottish local authorities (including Perth & Kinross). Funding level cannot exceed 50% of the overall funding package for the project proposed.

The Pitch – for innovative small companies

Tasgadh – Small Grants for Traditional Arts Scotland

STATUS: ongoing | CLOSING:

New Entrants Start-Up Grant Scheme (Scotland) is provided by the Scottish Government Rural Payments and Services. The scheme aims to contribute towards an increase in the number of young entrepreneurs who farm and build profitable, innovative businesses that respond to the industry’s changing economic environment. Grants of up to circa £12.5k. Contact: http://www.feisean.org/en/tasgadh/ Timeline: 3

Princes Youth Business Trust Scotland

DSL Business Finance

STATUS: ongoing | CLOSING:

DSL is a Community Development Finance Institution (CDFI), a member of the Community Development Finance Association and the European Microfinance Network. It provides business start-up and growth loans for small businesses and social enterprises that can’t access funding from banks and other traditional sources. Includes delivery of the Scottish Micro Finance Fund loan scheme which

Lending Crowd

Funding Circle

STATUS: ongoing | CLOSING:

This fund can invest alongside private sector investors on equal terms, up to a maximum of 50% of the total funding package on a commercial basis. We can provide from £10,000 up to £2 million, as part of a total deal size ranging from £20,000 to £10 million. The fund is primarily equity-based (Scottish Enterprise

Scottish Venture Fund

STATUS: ongoing | CLOSING:

This fund can invest alongside private sector investors on equal terms, up to a maximum of 50% of the total funding package on a commercial basis. We can provide from £10,000 up to £2 million, as part of a total deal size ranging from £20,000 to £10 million. The fund is primarily equity-based (Scottish Enterprise

The Enterprise Finance Guarantee Scheme

STATUS: ongoing | CLOSING:

This is a guarantee scheme, which comes from a bank but where the government will underwrite 75% of the loan value, increasing the chance of a business securing a bank loan even if it doesn’t have the collateral normally required.

Scottish Co-Investment Fund (SCF)

STATUS: ongoing | CLOSING:

SCF offers equity finance from £100k to £1million to share the risk with the lead partner in a project which seeks to make a step change in a business toward expansive growth in new markets and/or products. Contact: http://www.scottish-enterprise.com/services/attract-investment/scottish-coinvestment-fund/scif-overview

Energy Saving Trust Low Carbon Transport Loan

R&D Tax Relief Credits from HMRC

STATUS: Ongoing | CLOSING:

Tax relief (of up to 26%) for qualifying R&D work that companies undertake to improve their products, processes and services that does not involve simply the application of readily available or deducible solutions.

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